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. >> greg: cash for clunkers didn't do anything for the environment. >> kimberly: guess what? we have so much to say, the good news is we get to come back. you should stay with us,ing all right? time for inauguration trivia. bob, no cheating. stay with us for a little pop quiz. right here on "the five." ♪ ♪ ♪ [ male announcer ] the exclusive air suspension in the 2013 ram 1500. ♪ engineered to move heaven and earth. ♪ guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health prob
. >> greg: cash for clunkers didn't do anything for the environment. >> kimberly: guess what? we have so much to say, the good news is we get to come back. you should stay with us,ing all right? time for inauguration trivia. bob, no cheating. stay with us for a little pop quiz. right here on "the five." ♪ ♪ ♪ [ male announcer ] the exclusive air suspension in the 2013 ram 1500. ♪ engineered to move heaven and earth. ♪ guts. glory. ram. the new ram 1500. motor...
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Jan 21, 2013
01/13
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FBC
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so what do you do with your money in such an environment? where are you putting your money? i know you like mcdonald's. you like general electric and you like microsoft? >> my point would be i think it will be a positive year punctuated by periods of anxiety with some down side risks, and so what you do in that environment is you do build some risk into your portfolio. there's no return on cash. i think bonds are a bad bet here, ten year treasuries, given what would happen if interest rates went up. so you do want to own equities. you want to own equities with global exposure, exposure to the emerging markets where there is higher secular growth and to the united states where we have good strong cyclical growth and you want dividends and good balance sheets, and so you get that, in the largest companies, and technology is a driving force in the world economy, so therefore, microsoft, consumer consumption and the growing middle class is a driving force and so that's where mcdonald's fits. and infrastructure building worldwide is a part of the package and that's where ge fits.
so what do you do with your money in such an environment? where are you putting your money? i know you like mcdonald's. you like general electric and you like microsoft? >> my point would be i think it will be a positive year punctuated by periods of anxiety with some down side risks, and so what you do in that environment is you do build some risk into your portfolio. there's no return on cash. i think bonds are a bad bet here, ten year treasuries, given what would happen if interest...
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again we are building stronger families thriving communities better educational opportunities a cleaner environment. problems that once seemed destined to deepen now then to our efforts president george w. bush's second inaugural was delivered to a nation still trying to heal from the attacks of september eleventh and as a justification for the wars he started in response to those attacks we are led by events and common sense to one conclusion. the survival of liberty in our land. increasingly depends on the success of liberty in other lands. the best hope for peace in our world is the expansion of freedom in all the world while they may shed a bit of light on the times overall inaugural speeches are more inspirational postcard and policy outline a superior language with inferior content we must make the hard choices to reduce the cost of health care and the size of our deficit. but we were just the belief that america must choose between caring for the generation that built this country and investing in the generation that will build that future the future for this country still wide open and unce
again we are building stronger families thriving communities better educational opportunities a cleaner environment. problems that once seemed destined to deepen now then to our efforts president george w. bush's second inaugural was delivered to a nation still trying to heal from the attacks of september eleventh and as a justification for the wars he started in response to those attacks we are led by events and common sense to one conclusion. the survival of liberty in our land. increasingly...
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Jan 21, 2013
01/13
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FBC
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adjusted yields and pushes these securities at about 10 to 15 points of discount some in a stable housing environment you will still be able to, participate in the price appreciation of these mortgages. cheryl: these mortgages, if you're saying these are older mortgages, as those mortgages are paid off, then wouldn't you need to start to seek out that newer mortgage market which, you could say is risky if it is not agency debt? or could you say with the credit tightness of banks that it's a good bet? do you see what i'm saying here? >> that's correct. and a lot of these, so-called legacy securities, if you think about the market. this is approximately a trillion dollar mortgage market. so there is still a lot of these legacy securities or legacy loans out there the in market. at the same time, all the newly originated mortgages, which are mortgages originated over last couple years are better quality borrowers because banks stepped away from lending. right now we're focused on legacy securities, again 2006 and prior. there is lot of those loans out there still. but as, we continue to evolve, the newl
adjusted yields and pushes these securities at about 10 to 15 points of discount some in a stable housing environment you will still be able to, participate in the price appreciation of these mortgages. cheryl: these mortgages, if you're saying these are older mortgages, as those mortgages are paid off, then wouldn't you need to start to seek out that newer mortgage market which, you could say is risky if it is not agency debt? or could you say with the credit tightness of banks that it's a...
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Jan 21, 2013
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FBC
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nothing to do about the environment, everything to do about making money for obama's cronies in the green energy space. lori: certainly maybe if you are shareholder you can get a piece of that and invested those. you could try and profit along with it. one thing that i heard a lot before the election from people in the energy industry is that they really believe that after the election it would clear the way politically for president obama to be a proponent of the exxon pipeline. i felt like he fundamentally was against the idea. >> to get reelected without approving a pipeline that could have brought us more energy security and jobs. you get elected without that. why will he do it now? his climate change the agenda will be very high. he will talk about a carbon tax, but we will release its of regulatory agencies, resting down on the regulations to force the price of regular fool's fire lori: maybe some of these will be built by people who are more friendly. have we heard a name? >> i expected to be worse. greenhouse rules in the pipeline. it will stop the construction of the coal-fired p
nothing to do about the environment, everything to do about making money for obama's cronies in the green energy space. lori: certainly maybe if you are shareholder you can get a piece of that and invested those. you could try and profit along with it. one thing that i heard a lot before the election from people in the energy industry is that they really believe that after the election it would clear the way politically for president obama to be a proponent of the exxon pipeline. i felt like he...
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Jan 21, 2013
01/13
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CNBC
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the policy overlay, the policy concerns that have been a bit of be a an override, created an adverse environment on the dodd frank act. i think we're in the process of moving beyond those concerns and that could be really, really helpful. >> jared, is there a realistic prospect for something that could respectably be called tax reform or is that simply an exercise to raise a little bit more revenue? >> more of the latter than the former in my humble opinion. it's great they're all getting along today as hampton was telling us, but the idea of very deep tax reform seems pretty difficult given the disagreements up there. on the other hand, you were mentioning this earlier and i agree, the deal will involve both revenues, probably from the tax expenditure side, and spending cuts, and as has been said, the president has significant spending cuts on the table. >> corporate tax reform? >> possibly, but i'm not sure -- that again is going to be lower rate, broader base. i don't know if that's real massive tax reform. >> a second coming out for the obama daughters who have grown up before our eyes. >> p
the policy overlay, the policy concerns that have been a bit of be a an override, created an adverse environment on the dodd frank act. i think we're in the process of moving beyond those concerns and that could be really, really helpful. >> jared, is there a realistic prospect for something that could respectably be called tax reform or is that simply an exercise to raise a little bit more revenue? >> more of the latter than the former in my humble opinion. it's great they're all...
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Jan 21, 2013
01/13
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KTVU
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democrats and republicans mingling well together, but of course the environment here in washington these days has been very difficult as they tackle tough fiscal issues. so will be interesting to see if a second term honeymoon lnery ver long or whether essentially one day before, republicans or democrats are back slugging it out, tomorrow, shep. shepard: the smart money on the latter. mark, constitution commands this inauguration will take place on the 20th of january each year at high noon and it did just that yesterday. this is really for ceremony and for show what happens to be the day which we celebrate the life of dr. martin luther king, jr.. my understanding there is statue of him just above and i wonder how that will play into matters today? >> that's right. president obama made reference in recent days feeling connection to dr. king 50 years ago. also to president lincoln, 150 years ago, and so, as part of the inaugurations, we've seen him use bibles from dr. king and also from president lincoln. there is a statue. there is a statue of dr. king in the capitol rotunda of dr. king.
democrats and republicans mingling well together, but of course the environment here in washington these days has been very difficult as they tackle tough fiscal issues. so will be interesting to see if a second term honeymoon lnery ver long or whether essentially one day before, republicans or democrats are back slugging it out, tomorrow, shep. shepard: the smart money on the latter. mark, constitution commands this inauguration will take place on the 20th of january each year at high noon and...
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Jan 21, 2013
01/13
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> we're just moments away from national coverage of president obama's inauguration some. we're looking at live pictures. that's his vehicle right there. it officially starts at 8:00 this morning. the president, his family, went to church first came back to the white house and now they are moving through the streets of washington, d.c. >> it's so wonderful to give all of those people who are further away. >> yes. >> they get to embrace all of the excitement as they watch the president's motorcade travel by someone else who has been able to be there as part of all of the excitement as the people walked by. as our own tori campbell has. tori, you've been out there since 4:30 this morning and watched the crowds go by. you've had a lot of people say hello from right here in the bay area.
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> we're just moments away from national coverage of president obama's inauguration some. we're looking at live pictures. that's his vehicle right there. it officially starts at 8:00 this morning. the president, his family, went to church first...
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Jan 21, 2013
01/13
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KNTV
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these are our kids, we're trying to raise kids in this heinous media environment, this fish bowl, and we would appreciate it if you could, in effect, not report some of what you know and look away and most of us have been especially especially those of us who are parents, happy to abide by those rules. >> mrs. obama spent the first few months telling everybody i'm mom in chief. that is my job. it is possible to raise children in this incredibly intense spotlight and have them come out and be wonderful people and by all accounts, sasha and malia are having that experience, too. it's something that mrs. obama has talked about recently. i think i read a quote she said she's pleasantly surprised at how normal they are. so much so that the president notes they're not that interested in hanging out with him any more. this is a family enterprise. it's not the normal job where the parents and the children aren't connected through this. they have to go through this political experience. it's an incredibly intense spotlight. but by all accounts, these girls are flourishing. >> and i think about
these are our kids, we're trying to raise kids in this heinous media environment, this fish bowl, and we would appreciate it if you could, in effect, not report some of what you know and look away and most of us have been especially especially those of us who are parents, happy to abide by those rules. >> mrs. obama spent the first few months telling everybody i'm mom in chief. that is my job. it is possible to raise children in this incredibly intense spotlight and have them come out and...
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Jan 21, 2013
01/13
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MSNBCW
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supreme court justices do not avail themselves of political environments unless they are behaving in a way unbecoming or for justice. to have them there today is a reminder of the power of the united states. >> there are two people that have been fantastic for the country and barack obama. secretary of state, hillary clinton, and of course, bill clinton, former president. he was hired to work re-election for barack obama. >> former president carter and clinton in attendance today. first president bush was recently hospitalized and has been let out of the hospital and is home recovering. he won't be there today. neither with the second bush. no reason for his absence today, but we surmise that has to do right for being with his dad. >> i love to see the flags. in fact, i think there's -- i don't remember that many flags four years ago. somebody's handing them out. >> do you think? >> we talked a lot about whether or not the election and now re-election of president obama means something beyond the symbol for african-americans, whether there's something substantively important, but it
supreme court justices do not avail themselves of political environments unless they are behaving in a way unbecoming or for justice. to have them there today is a reminder of the power of the united states. >> there are two people that have been fantastic for the country and barack obama. secretary of state, hillary clinton, and of course, bill clinton, former president. he was hired to work re-election for barack obama. >> former president carter and clinton in attendance today....
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still going on that i think put it our national americans in international different international environment in great danger because you know this is a very on and. it is absolutely it's the whole international law and in addition to that you don't want on a mo is still open and things he promised that i think you know how do we we work through this process. we would be in a much better place internationally but i do i just say with one caveat it's not having much much cooperation with the u.s. congress and i think that's hurt him tremendously on anything he's been able to get done although the president does decide international policy from the white house. we're watching some live pictures as we speak in fact of this inauguration taking place in washington certainly a day of celebrations but i think it's fair to say that there's a lot of critics that would say there's not really much to celebrate like you said there are a lot of challenges ahead the killing of osama bin ladin in pakistan was of course a big deal for obama his approval ratings went up some might say it helped him win the el
still going on that i think put it our national americans in international different international environment in great danger because you know this is a very on and. it is absolutely it's the whole international law and in addition to that you don't want on a mo is still open and things he promised that i think you know how do we we work through this process. we would be in a much better place internationally but i do i just say with one caveat it's not having much much cooperation with the...
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Jan 21, 2013
01/13
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KGO
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we know it is housed in a water-proof, fire-proof environment. that's the biden bible. >> the biden family bible. being brought in by the attorney general of delaware. that's the next big event, coming up. the swearing in of the vice president. >> it had a celtic cross on the front of it. >> we can't help but remember the 70-year-old vice president's mother was there. that's the family bible. >> yes. >> dating back to the 19th century. >> the vice president had a bigger ceremony for his official swearing in yesterday, than president obama. about 120 people were there. we see more members of the senate delegation there. orrin hatch, dianne feinstein, senator thune of south carolina. >> donna brazile, last year, you were wearing your fleece. everyone looks a lot happier this year. >> it's a lot warmer this year. i thought of miss bing up there. i had a nice seat. yesterday, i was honored to be with the vice president and dr. jill biden, at the naval observatory. we had an incredible morning. sonia sotomayer, justice, gave the oath of office. and it
we know it is housed in a water-proof, fire-proof environment. that's the biden bible. >> the biden family bible. being brought in by the attorney general of delaware. that's the next big event, coming up. the swearing in of the vice president. >> it had a celtic cross on the front of it. >> we can't help but remember the 70-year-old vice president's mother was there. that's the family bible. >> yes. >> dating back to the 19th century. >> the vice president...
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Jan 21, 2013
01/13
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i mean for the past several years, we've been wringing our hands about creating a stable environment in afghanistan, and the theory then well you do that, and we have solved the -- solved the al qaeda problem. we've been saying that for years that isn't the case. the facility that was hit, you know, these companies, this is where they operate, they operate in high risk, high threat areas, and they have a very high risk appetite. they understand the dangers that are involved. but the problem is the confluence of events. the things that have been happening including libya as you mentioned have allowed for a strengthening of the primary extremist groups. stuart: you could say this is the down side of the arab spring to some degree. it is a big down side. by the way we're just learning that three american hostages died in the takeover there. that's just been revealed just moments ago, literally. last one to you, mike, do you -- do you think it's possible to protect facilities like the one that was just attacked in algeria? they're remote. they're huge, and they are remote. >> well, you c
i mean for the past several years, we've been wringing our hands about creating a stable environment in afghanistan, and the theory then well you do that, and we have solved the -- solved the al qaeda problem. we've been saying that for years that isn't the case. the facility that was hit, you know, these companies, this is where they operate, they operate in high risk, high threat areas, and they have a very high risk appetite. they understand the dangers that are involved. but the problem is...
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Jan 21, 2013
01/13
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CURRENT
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we had a moment of discussing how to be a newscaster in that environment. >> stephanie: i think roland has drunken video of you and melissa fitzgerald and i of singing "i've got a feeling." >> there is a picture of you with will.i.am. >> stephanie: we look like two peas in a pod in that picture. so cute. he was totes adorbs. jacki, i do remember that. i remember you and melissa and i dancing and i don't know. >> i have learned as roland is our videographer, you have to say that one doesn't go on facebook. that one does not make the twitters. >> well, when they're pouring champagne to the degree they were pouring last night the ability to self-censor. >> stephanie: i posted what? >> four bottles of champagne. >> this is why you sent them to me so i would be the filter. >> stephanie: frankly i don't remember. i'm sure did i. the guy was sending me a picture. i don't know where. >> the guy who drank an entire bottle of vodka. >> stephanie: he was like the designated -- >> because last night i went to bed at like 9:00. >> stephanie: he was the designated twitter. we were even drunker. jack
we had a moment of discussing how to be a newscaster in that environment. >> stephanie: i think roland has drunken video of you and melissa fitzgerald and i of singing "i've got a feeling." >> there is a picture of you with will.i.am. >> stephanie: we look like two peas in a pod in that picture. so cute. he was totes adorbs. jacki, i do remember that. i remember you and melissa and i dancing and i don't know. >> i have learned as roland is our videographer, you...
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Jan 21, 2013
01/13
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i noticed he mentioned global warming and environment. that's another thing we need to move forward to attend to. he has a big agenda ahead of him, and very serious problems in several countries in the world, but i think his movement out of war, as he said, ending a deca decade, as a matter of fact, more than a decade of war, i hope that will prevail. >> thank you, mr. president. enjoy the lunch. i heard it's pretty tasty. back to you, anderson. >> you see the supreme court justice scalia there, and now you see john kerry. we just saw barack obama signing the papers for him to be nominated as secretary of state. let's check in with robin meade. robin? >> if you're on the national mall like these folks were, i want to see how the speech resonated with them. i told them they could get their word in. stephanie is from indianapolis, and you said there is a part of the speech that really resonated with you. >> yes, it was a very emotional moment, but the best part was the president calling us to unite as a nation, unite as a nation. it was won
i noticed he mentioned global warming and environment. that's another thing we need to move forward to attend to. he has a big agenda ahead of him, and very serious problems in several countries in the world, but i think his movement out of war, as he said, ending a deca decade, as a matter of fact, more than a decade of war, i hope that will prevail. >> thank you, mr. president. enjoy the lunch. i heard it's pretty tasty. back to you, anderson. >> you see the supreme court justice...
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Jan 21, 2013
01/13
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LINKTV
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dangers republican votes, they called it, that pass through the house but anti-women, anti-consumer, anti-environment, pro-empire, pro-corporate welfare, right? the democrats should have land slighted them. they did not use those 60. they did not use them in each congressional district. it was all about trace the middle-class, forget the poor, never mention the word for a minimum wage. it was all about raising money. they should have a landslided. when i went to the house in march of last year, leading democrats had already conceded to defeat to boehner and cantor. i would say this of people who were in there for 30 years, how many seats do think the democrats are going to win? they never went higher than 50 and needed 25 seats. they ended up with seven. so what are we doing with the democratic party that cannot defend the country against the most ravaging the ignorant, cruel, vicious, anti-people and hire promoting republican party? what what happened to the bill? then we will talk about we think are the best strategy is to push a florida. jesse jackson is no longer in congress. he was the one, jess
dangers republican votes, they called it, that pass through the house but anti-women, anti-consumer, anti-environment, pro-empire, pro-corporate welfare, right? the democrats should have land slighted them. they did not use those 60. they did not use them in each congressional district. it was all about trace the middle-class, forget the poor, never mention the word for a minimum wage. it was all about raising money. they should have a landslided. when i went to the house in march of last year,...
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Jan 21, 2013
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and how can we serve when it comes to faith, the environment and health. and everyone had a message to spread. celebrities like rosario dawson. lots of media people like pierce morgan. everyone wants to be a part of this. >> we've been saying that the numbers as far as everyday americans might not be the same as it was four years ago. but from the perspective of the a listers how are we looking compared to years past? >> it's still the top of the talk. sure oprah is out of town. steven spielberg is busy today but you have power, influential and interesting people who want to come and support barack obama. people are proud to have him as the leader and they want to come out and show that support from hollywood onward. >> you've looked at this historically over the many many years. and a lot of this started in terms of hollywood coming to washington for the inaugural festivities. i want to ask you a question. there seems to be the feeling or belief that when a democratic president is being inaugurated, you get more celebrities than when a republican presiden
and how can we serve when it comes to faith, the environment and health. and everyone had a message to spread. celebrities like rosario dawson. lots of media people like pierce morgan. everyone wants to be a part of this. >> we've been saying that the numbers as far as everyday americans might not be the same as it was four years ago. but from the perspective of the a listers how are we looking compared to years past? >> it's still the top of the talk. sure oprah is out of town....
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Jan 21, 2013
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with my obama shirt and i know he's a conservative, but we work together to have a productive worker environment. i drive a school bus. i think that is what we have to do in our congress and in our san net and the executive branch. i just want to say one quote, because it is on my shirt. it says -- a change will not come if we wait for some other person or some other time. we're the ones that we have been waiting for. we are the change that we seek. host: all right, that was from a vendor of, pennsylvania. we have been showing you all these live pictures from our around washington. these are all the different scenes from the white house. there is the mall as it fills in. 8:00 a.m. eastern time the ceremony will not begin until about 11:20 a.m., but people started arriving early. the metro opened at 4:00 a.m. and the trends are crowded. the streets were crowded with cars. people wanted to get it early start. a lot of the area around here is shut down for security reasons. it makes it more difficult to drive in washington where there's a lot of traffic anyway. so it makes it a little more difficul
with my obama shirt and i know he's a conservative, but we work together to have a productive worker environment. i drive a school bus. i think that is what we have to do in our congress and in our san net and the executive branch. i just want to say one quote, because it is on my shirt. it says -- a change will not come if we wait for some other person or some other time. we're the ones that we have been waiting for. we are the change that we seek. host: all right, that was from a vendor of,...
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Jan 21, 2013
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WBAL
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you're also assessing the environment. are all the players in place? you're looking at about 40 something law enforcement agencies and it's an orchestra coming together to do a symphony and the secret service is the conductor. >> during the parade, the thrill of thrills for someone along the parade route is when the president and first lady get out of the car and walk. they get to see them. >> yeah. >> they get to get a glimpse of them. that has to be the biggest nightmare for people in your former position. >> yes. of course, you don't want them coming into close proximity with people. you don't know what a person is going to do, even though they've gone through a metal detector. you don't know what their intentions are. >> is that what we think of as a spontaneous moment where the president gets out, actually a carefully, orchestrated event? >> sometimes yes, sometimes no. sometimes we think, okay, we're going to go from point a to point b. and he may do a b-line and go the other way. >> can't the secret service tell him, mr. president, this is where
you're also assessing the environment. are all the players in place? you're looking at about 40 something law enforcement agencies and it's an orchestra coming together to do a symphony and the secret service is the conductor. >> during the parade, the thrill of thrills for someone along the parade route is when the president and first lady get out of the car and walk. they get to see them. >> yeah. >> they get to get a glimpse of them. that has to be the biggest nightmare for...
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Jan 21, 2013
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CURRENT
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i also think obama has a bad record on the environment and with advisors like susan rice who is heavily invested in keystone xl, i don't think we are going to see him block that either. >> bill: on the environment, i am not disagreeing with you to the extent that the republicans accuse him of spending $900,000,000,000, or 90 billion on renewable energy and solar and wind and geo thermal and the electric battery. >> that's more than any other president has done. i think he gets good marks for that. but i agree with you on the justice department. i think eric holder proved to be a bad choice. he's really fallen down in several areas. the ones that you mentioned. remember, also, he said they were not going to go after bush and cheney on war crimes or on illegal acts like the illegal wiretapping of all americans. i don't think they have -- the idea they are still going out after million marijuana clinics in california is just ridiculous plus eric holder is saying they are going to enforce federal pot laws in colorado and washington state. i don't think eric holder meets the test. and i'm so
i also think obama has a bad record on the environment and with advisors like susan rice who is heavily invested in keystone xl, i don't think we are going to see him block that either. >> bill: on the environment, i am not disagreeing with you to the extent that the republicans accuse him of spending $900,000,000,000, or 90 billion on renewable energy and solar and wind and geo thermal and the electric battery. >> that's more than any other president has done. i think he gets good...
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Jan 21, 2013
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spend on some of the more ambitious items on his agenda, like guns and immigration who anything on the environment or education policy, and the president really only has six to eight months to get that done according to historia historians. >>> let me ask you more about thatment we know you wrote a piece for nbcnews.com that explains why the next six months are critical for the president. can you talk a little more about that? >> yes. this is something, like i said, historians have seen that presidents often only have about six to eight months to get something done. they look at lbj trying to get civil rights or the great society items of legislation done that we think of today. and if president obama is going to get anything done on his sweeping call to action on guns or anything done on immigration where really latinos were such a huge part of his coalition to win in 2012, if he's going to get any of that stuff done, it's really important to get off to a quick start and get some of that done in the first six to eight months because otherwise, most of these guys, these elected officials look towa
spend on some of the more ambitious items on his agenda, like guns and immigration who anything on the environment or education policy, and the president really only has six to eight months to get that done according to historia historians. >>> let me ask you more about thatment we know you wrote a piece for nbcnews.com that explains why the next six months are critical for the president. can you talk a little more about that? >> yes. this is something, like i said, historians...
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the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all how much you spend and borrow in these situations. how does it change, if at all your strategy from here? >> it makes having a long-term strategy really, really tough. and you can see that in the markets right now. what people see by more investment, it gets pushed into treasuries, into eks, and we see markets trading at very elevated levels. relative to fundamentals appears to become the norm. and i would argue that we're now in a world where it's very difficult to recruit any decent returns. as a result, as investors, we're going to have to live with that. >> and a lot of people are just closing up shop and sayi
the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all...
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bush came hoping to change the environment. bill clinton came thinking he could change it. the last person who began to sense there were greater possibilities was reagan, that was almost a different political age. it was harder to govern then. >> you also think about, had the clintons and how bill clinton -- he seemed to revel in politics, the reaching out to people. in the article, i found it fascinating that the obamas haven't had bill and hillary clinton over for dinner. i -- i mean, she's -- all the things that bill clinton did during the campaign, all the work that hillary clinton's done, they've never had a dinner at the white house with them? >> i think this is something outsiders find difficult and surprising. the obamas can be vivacious, charming they have great public personalities. what people in washington see -- but i think people all over the country don't necessarily see it, there's an intro version there, a self-protectedness. the obamas said both when the president became famous in 2004 and again when they came to washington, no new friends, which is the op
bush came hoping to change the environment. bill clinton came thinking he could change it. the last person who began to sense there were greater possibilities was reagan, that was almost a different political age. it was harder to govern then. >> you also think about, had the clintons and how bill clinton -- he seemed to revel in politics, the reaching out to people. in the article, i found it fascinating that the obamas haven't had bill and hillary clinton over for dinner. i -- i mean,...
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how would you invest in this environment? lots of challenges in terms of washington and the slow economy. the muni bond market, obviously you and your father have long specialized in at lebenthal. what's your take on how to allocate capitn'pital today? >> there are so many things going on and the bond industry is still what a question in terms of what will happen as talks continue and will there be some form of tax on municipals. i think the important thing to do, both men and women, is not to make any rash moves when things happen in washington for when there are major moves. really try and remember that you're planning for your life. you want to think about what your goals are and how your investments actually fit into that. one of the most important things that people should be doing, actually every year, is sitting down and doing a lifestyle analysis and figuring out how much am i spending, how much do i have to save and how much do i have to invest? have my goals changed? and then i do recommend people work with a financ
how would you invest in this environment? lots of challenges in terms of washington and the slow economy. the muni bond market, obviously you and your father have long specialized in at lebenthal. what's your take on how to allocate capitn'pital today? >> there are so many things going on and the bond industry is still what a question in terms of what will happen as talks continue and will there be some form of tax on municipals. i think the important thing to do, both men and women, is...
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Jan 21, 2013
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and there's controversy, it's a sensitive environment, guns don't belong in the airplane or the cockpit. the pilots showed there's a training program that the federal government sponsored and they were trained, it protects the airplane, not one incident of a problem. >> let me just show, i've been saying that this is feel-good legislation, that there's motion, a the lot of motion, and lot of rhetoric, a lot of props being used, exploittation of a tragedy. in new york, they passed a law this week and i'm going to put up on the screen a picture. two guns, the exact same gun, exact same caliber of bullet, and one has a pistol grip, the oer does not. one is banned, one is legal. now, that's the type of thing that makes me say, these guys have no clue what they're talking about. by the way, would anybody here use the pistol grip on their rifle, anyway? nobody would, it's cosmetic, wouldn't even use it. >> sean, i'll say there's one particular pistol i purchased when i went backpacking in alaska, my wife wanted something other than a whistle to protect myself from the grizzly bears, and that
and there's controversy, it's a sensitive environment, guns don't belong in the airplane or the cockpit. the pilots showed there's a training program that the federal government sponsored and they were trained, it protects the airplane, not one incident of a problem. >> let me just show, i've been saying that this is feel-good legislation, that there's motion, a the lot of motion, and lot of rhetoric, a lot of props being used, exploittation of a tragedy. in new york, they passed a law...
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we will change the environment in which politics is being conducted. we will elect many more women to public office. that is a very good thing for our country. thank you, and lee's list. we are emilie, and we ain't seen nothing -- -- thank you, emily's list. seene emilie, and we ain't nothing yet. >> are you emilie? --emily? -- emily? >> hello. i am elizabeth warren. about 25 years ago, i was a young mother. i got a solicitation letter from a group of women who said they were getting organized to get more women elected for public office. i thought that is a powerful idea. about 25 years later. people are taught about how i should grow wings and fly. she said he should do this. i can show you how and i can promise if you do emily's list will be with you every step of the way. [applause] today, i'm the first woman senator from the commonwealth of massachusetts. [applause] is a prettyt powerful idea. i am emily. [applause] >> i am claire mccaskill. [applause] the energy in this room is amazing. i am taking it with me. i will draw upon it many times over t
we will change the environment in which politics is being conducted. we will elect many more women to public office. that is a very good thing for our country. thank you, and lee's list. we are emilie, and we ain't seen nothing -- -- thank you, emily's list. seene emilie, and we ain't nothing yet. >> are you emilie? --emily? -- emily? >> hello. i am elizabeth warren. about 25 years ago, i was a young mother. i got a solicitation letter from a group of women who said they were...
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and there's controversy, it's a sensitive environment, guns don't belong in the airplane or the cockpit. the pilots showed there's a training program that the federal government sponsored and they were trained, it protects the airplane, not one incident of a problem. >> let me just show, i've been saying that this is feel-good legislation, that there's motion, a the lot of motion, and lot of rhetoric, a lot of props being used, exploittation of a tragedy. in new york, they passed a law this week and i'm going to put up on the screen a picture. two guns, the exact same gun, exact same caliber of bullet, and one has a pistol grip, the other does not. one is banned, one is legal. now, that's the type of thing that makes me say, these guys have no clue what they're talking about. by the way, would anybody here use the pistol grip on their rifle, anyway? nobody would, it's cosmetic, wouldn't even use it. >> sean, i'll say there's one particular pistol i purchased when i went backpacking in alaska, my wife wanted something other than a whistle to protect myself from the grizzly bears, and tha
and there's controversy, it's a sensitive environment, guns don't belong in the airplane or the cockpit. the pilots showed there's a training program that the federal government sponsored and they were trained, it protects the airplane, not one incident of a problem. >> let me just show, i've been saying that this is feel-good legislation, that there's motion, a the lot of motion, and lot of rhetoric, a lot of props being used, exploittation of a tragedy. in new york, they passed a law...
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we will change the environment in which politics is being conducted. we will elect many more women to public office. that is a very good thing for our country. >> out as a young mother. >> are you emily? >> hello. i'm elizabeth warren. [applause] about 25 years ago,i got a solicitation letter from a group of women who said they were getting organized to get more women elected for public office. i thought that is a powerful idea. about 25 years later. people are taught about how i should grow wings and fly. she said he should do this. i can show you how and i can promise if you do emily's list will be with you every step of the way. i am the senator from the commonwealth of massachusetts. >> i am claire mccaskill. emily's list is a pretty powerful idea. i am emily. [applause] mccaskill.re the energy in this room is amazing. i am taking it with me. i will draw upon it many times over the next six years when there are tough votes ahead. many people heard of todd akin before i was a senator or a statewide official. i was the daughter of the first woman eve
we will change the environment in which politics is being conducted. we will elect many more women to public office. that is a very good thing for our country. >> out as a young mother. >> are you emily? >> hello. i'm elizabeth warren. [applause] about 25 years ago,i got a solicitation letter from a group of women who said they were getting organized to get more women elected for public office. i thought that is a powerful idea. about 25 years later. people are taught about...
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steve to you, this is a different environment, a different time, they needed a little bit of money. they opened it to corporate donations. you heard the president going there to say thank you for the money. >> yeah he didn't need to be re-elected this time. they are having a good time tonight. they are joking with each other and the crowd. there were moments joe biden was speaking he had the crowd fired up when he said president obama is just getting started. he repeated himself twice he is just getting started. he laid out policy agenda guns immigration and rebooting the economy and barack obama came on and was in a joef yell mood. >> for all of the talk we had during the campaign ofment o prt obama's ability to raise money it would be a million dollar campaign and the talk mitt romney had more corporate donors it would be a wash in cash. the president had no trouble raising enough money to get himself re-elected it is thanks in part to an incredible network he has built over the years. talk about the importance of money in this election, charles. >> he has never backed for money.
steve to you, this is a different environment, a different time, they needed a little bit of money. they opened it to corporate donations. you heard the president going there to say thank you for the money. >> yeah he didn't need to be re-elected this time. they are having a good time tonight. they are joking with each other and the crowd. there were moments joe biden was speaking he had the crowd fired up when he said president obama is just getting started. he repeated himself twice he...
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Jan 20, 2013
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that ruined the environment. i know each side blames the other side. i don't want to revisit history, but as the president picks his order this time, republicans have, for example, shown a willingness to work on immigration. should he do immigration before gun control, try to cooperate before confrontation? >> well, i think the president is going to move forward and see this as a walk and chew gum moment. he's going to do the things that are so necessary for both the american economy and the american people. and the decision to move forward with gun control obviously comes out of the tragedy that took place in newtown, but also because of the many, many tragedies that have taken place in communities around the country. and obviously, the issue with regard to immigration reform is one of moving our economy forward as well as the moral issues that surround ensuring that we've got high-skilled immigration, but we also are moving people out of the shadows into american civic society. >> what about the cabinet? you were -- obviously you're a female, you're
that ruined the environment. i know each side blames the other side. i don't want to revisit history, but as the president picks his order this time, republicans have, for example, shown a willingness to work on immigration. should he do immigration before gun control, try to cooperate before confrontation? >> well, i think the president is going to move forward and see this as a walk and chew gum moment. he's going to do the things that are so necessary for both the american economy and...
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is a machine of this time, the time is calling for social justice, economic justice, looking at our environment. president obama represents hope, trust, stability and compassion. he's the right person for this time. it's no accident that the inaugural ceremony is tomorrow on martin luther king day. i just wonder if when martin luther king jr. said "i have a dream," did he have this vision? >> interesting. you said lincoln was the right man for the time. in your article, i don't have it in front of me, i think i'm paraphrasing it, you said lincoln was reviled and he was loved at the same time. i think many people would feel the same way about president obama now. >> yes. >> do you think people knew that about lincoln and do you think it's the same about president obama now? >> you know, whenever there's a move toward something that's new, that's not part of the old paradigm, there are reactionary forces. and those reactionary forces can revile the leader who wants to take us into the new longing the people are expressing. so, yes, we have a partisan country now where we have these forces, progre
is a machine of this time, the time is calling for social justice, economic justice, looking at our environment. president obama represents hope, trust, stability and compassion. he's the right person for this time. it's no accident that the inaugural ceremony is tomorrow on martin luther king day. i just wonder if when martin luther king jr. said "i have a dream," did he have this vision? >> interesting. you said lincoln was the right man for the time. in your article, i don't...
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encourage the level of civility in politics, increase stability, lower the money, we will change the environment in which politics is conducted and we will elect many more women to public office. that is a very good thing for our country. think year, emily's list. we are emily and we ain't seen nothing yet. thank you all. [applause] >> are you emily? >> hello. i'm elizabeth warren. [applause] about 25 years ago, i was a young mother around i got a solicitation letter from a group of women who said they were getting organized to get more women elected to public office. i thought, wow, that's a powerful idea. i sent them a check. and then about 25 years later -- [laughter] stephanie came to me and said, you know how people are talking about how you should run for the senate? she said, elizabeth, you can do this. i wanted to you two things. i can show you how and i can promise that if you do, emily's list will be with you every step of the way. [applause] today, things to that, i am the first woman senator from the commonwealth of massachusetts. emily's list is a pretty powerful idea. i am emily. [
encourage the level of civility in politics, increase stability, lower the money, we will change the environment in which politics is conducted and we will elect many more women to public office. that is a very good thing for our country. think year, emily's list. we are emily and we ain't seen nothing yet. thank you all. [applause] >> are you emily? >> hello. i'm elizabeth warren. [applause] about 25 years ago, i was a young mother around i got a solicitation letter from a group of...
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is a machine of this time, the time is calling for social justice, economic justice, looking at our environment, finding a solution to war and terrorism, finding creative ways of moving forward. there's a zeitgeist in the country right now, a collective longing for fairness. and in every respect, president obama represents fairness. throughout his four years, he he's wanted fairness, whether it's in economics or health reform or looking at the environment as our extension of ourselves. president obama represents hope, trust, stability and compassion. he's the right person for this time. it's no accident that the inrecalling ral ceremony is tomorrow on martin luther king day. i just wonder if when martin luther king jr. said "i have a dream," did he have this vision? >> interesting. >> you said lincoln was the right man for the time. in your article, i don't have it in front of me, i'm paraphrasing, you said lincoln was reviled and he was loved at the same time. think many people would feel the same way about president obama now. >> yes. >> do you think people knew that about link unand do you t
is a machine of this time, the time is calling for social justice, economic justice, looking at our environment, finding a solution to war and terrorism, finding creative ways of moving forward. there's a zeitgeist in the country right now, a collective longing for fairness. and in every respect, president obama represents fairness. throughout his four years, he he's wanted fairness, whether it's in economics or health reform or looking at the environment as our extension of ourselves....
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we thought maybe the environment was going to maybe not make the list at all. >> i go back what the president said in his first inaugural address he talked about the time of putting off unpleasant decision that time has surely passed. the most unpleasant decision is the country is going broke and we need to save our children and we need to save the next generation it is becoming, the demographic changes of america is what is driving it even more than spending decisions are and the task of whoever is president in this era to deal with the underlying demographic issues we face and entitlements. we don't do that we will continue to have a low-growth economy with high unemployment. got to get our fiscal house in order. to me that is the biggest of all. >> havens, do you think, given the president any genuine sign they are willing to work with him? >> well, the decision to postpone a fight over the debt limit, that, of itself, was. they saved themselves from themselves, which i believe. but also a recognition the president has the upper hand on some things, can't fight him on everything. republica
we thought maybe the environment was going to maybe not make the list at all. >> i go back what the president said in his first inaugural address he talked about the time of putting off unpleasant decision that time has surely passed. the most unpleasant decision is the country is going broke and we need to save our children and we need to save the next generation it is becoming, the demographic changes of america is what is driving it even more than spending decisions are and the task of...
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all of the programs that had kept the marginal land out of production which is really good for the environment were now being planted from fence row to fence row. so by 1999 the price of corn was 50% above 1996 levels. i'm sorry, 50% below 1996 levels, and soy was down 41%. and farmers were in really major economic distress. is so there was all sorts of pressure on congress to do something. food industry lobbying meant that the policymakers didn't go back and address these problems by reinstating some supply management provisions. instead, congress used taxpayer money to keep farmers afloat so they wouldn't be putting pressure if rural areas on -- in rural areas on their members of congress. so these emergency payments were instituted in 1998. the payments were made permanent in the 2002 farm bill, and that that's how the subsidy system was born. so who are the main beneficiaries of this kind of subsidy system? it's really the food and the meat industry and the grain traders who are the winners. deregulation saves them money by allowing them to pay farmers less for their crops than it costs to
all of the programs that had kept the marginal land out of production which is really good for the environment were now being planted from fence row to fence row. so by 1999 the price of corn was 50% above 1996 levels. i'm sorry, 50% below 1996 levels, and soy was down 41%. and farmers were in really major economic distress. is so there was all sorts of pressure on congress to do something. food industry lobbying meant that the policymakers didn't go back and address these problems by...
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fully expect him to engage the public who has changed in the last 30 days to create that political environment, that it's going to make it, you know, better for members who are tempted to vote for some of these measures to actually follow through and do it. >> what do you make of some of these folks? some of these folks who are saying there's a growing concern that the president and congress are trying to rewrite the second amendment and that they are trying to take guns away from people? >> you know, again, i come from a relatively rural part of connecticut, and, you know, there are a lot of gun owners in my opinion, we've already been talking to with e-mails and calls, and who do -- are willing to support measures like local background checks so people with criminal records are prevented from buying weapons. if you look at supreme court decisions, hellor versus d.c., that set for the the strong interpretation of the second amendment as an individual right, even within the context of that ruling justice scalia says society has the right to restrict ownership for people with mental illness and
fully expect him to engage the public who has changed in the last 30 days to create that political environment, that it's going to make it, you know, better for members who are tempted to vote for some of these measures to actually follow through and do it. >> what do you make of some of these folks? some of these folks who are saying there's a growing concern that the president and congress are trying to rewrite the second amendment and that they are trying to take guns away from people?...
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both of those were similar kinds of political environments. congress was in the hands of the other party. or one house was, at least. and each of them was very gracious towards the other party. reached out, said things about the goodwill of the other party. >> the difference there is reagan could look back and talk about how the republicans worked with democrats to fix social security, bill clinton could look back and talk about the deficit reduction plan. other things they had done a little bit together. it's harder for president obama to do that because there's been so much polarization. >> polarization has been on both sides. it would be a good step for the president, i actually don't expect him to take it. to try to put that behind, to have at least a rhetorical frame for being more enveloping. obviously in the last few days, last week or so, he hasn't taken that tact. he's, he had his press conference about a week ago. he's had some, they've floated some stories about how they're going to have a more confrontational stand. and that seems
both of those were similar kinds of political environments. congress was in the hands of the other party. or one house was, at least. and each of them was very gracious towards the other party. reached out, said things about the goodwill of the other party. >> the difference there is reagan could look back and talk about how the republicans worked with democrats to fix social security, bill clinton could look back and talk about the deficit reduction plan. other things they had done a...